Quote from: Kasabus on September 19, 2019, 11:09:03 PM

Quote from: Oceat on September 19, 2019, 09:52:29 PM

Quote from: Reatim on September 19, 2019, 08:01:50 PM

Quote from: Lawrenzoo on August 15, 2019, 06:59:44 AM

Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k

Yesterday bitcoin drops to 9k usd again falling 600usd in just couple of hours so are you angry again!then what about if bitcoin is Inc growth are you celebrating?
Why people act this days nowadays,are those remain here are pretender to be investors?i hate it when I saw thread reacted badly just when they are about to see small decreases in prices
Cant we give bitcoin and altcoins some time to grow good again without making this kind of weak thread?

That was probably a bull trap and yet people starts to fall for it and now they were complaining because the price started to decline. Whales are everywhere they can do whatever they want to the market since it is open and free. I think these people are getting tired of waiting and it stresses them to wait. Roll Eyes

For several times that we are experiencing like this, I don't see this a form of another bull trap. There is another factor that brings the price into like this and that is we wanted to look by rather than of blaming directly to the whales for this drops. Whales are not in control with the market price, yes they could influence the trend but not actually they are the one causing of all ups and downs scenarios.

you mean "bear trap" because it is the bears who are being slaughtered these days as they are the ones thinking the price should go down and go against the market. otherwise the bulls are accumulating in this sideways market to get ready for the launch.
as for whales, you have to remember that not all of them go in the same direction. for example the whale bears that are having their heads chopped off these days are going against the whale bulls that are eating them up. Tongue